Quote from: racebum on May 18, 2018, 05:57:45 AM

Quote from: Pursuer on May 18, 2018, 05:38:03 AM

to be honest, no!
things are not at all similar to the last bitcoin bubble. this time it wasn't a fake manipulation by one exchange like it was back in 2013, this was a large amount of real money coming in. you can't ignore all the adoption and we have already had the huge correction that was needed after the bubble.

Quote from: layoutph on May 18, 2018, 05:28:34 AM

What we can do now is HOLD or hedge to USDT.

never ever in a million years do this!
USDT is one of the riskiest coins because it is centralized to a shady company that can be hacked or scam and run away like all the other exchanges did in the past (the same company runs Bitfinex).

yea that's the thing. 2013 had the marcus and willey situation but 2017 had bitfinex and the spoofing, wash trading, tether etc.

i completely agree on adoption. i mean you have people from all walks of life interested in crypto right now

also agree on the correction. we had a 70% peak to trough on this one which is only 10 points shy of 2013 which was a MUCH bigger rally with a MUCH crazier nuclear blow up.

so really...i was spit balling with this question. what do people actually think of this year and even the current situation with good/great news being sold fairly hard. we still haven't reclaimed the 200SMA

basically in my opinion it doesn't matter whether this looks or feels like 2014 or not. in the end the circumstances are different and the result will be different. just because some certain trend happened before it doesn't mean it can and will happen again. price may continue to go down even when you think it should stop because it is like previous time or it may stop here and reverse up and start the rise.